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also, ben bernanke holds a news conference and he will give an update on the federal open market committee with live coverage at 2:15 p.m. also on cspan 3. >> the white house was very controversial. who designed washington city, submitted a design for a palace but americans did not want a palace. it was not all inspiring. in fact, in 1821, a european diplomat told congress it was neither of some or all of inspiring. the answer the congressman gave said the building serves its purpose. if it were larger and more elegant, but perhaps some president would be inclined to become a person -- permanent resident. >> vicki goldberg has gathered a few of her favorite white house photographs. watch sunday evening at 7:30 eastern and pacific on american history tv. >> up next, your phone calls on "washington journal." in 45 minutes, the house democratic caucus chairman talks about negotiations on the so- called fiscal cliff. at 8:30
also, ben bernanke holds a news conference and he will give an update on the federal open market committee with live coverage at 2:15 p.m. also on cspan 3. >> the white house was very controversial. who designed washington city, submitted a design for a palace but americans did not want a palace. it was not all inspiring. in fact, in 1821, a european diplomat told congress it was neither of some or all of inspiring. the answer the congressman gave said the building serves its purpose. if...
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Dec 12, 2012
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looking at the domestic front, "ben bernanke is to make a last fiscal cliff police." "topping a yearlong campaign, he would get one last chance to talk washington down from the fiscal cliff. host: c-span will be carrying that press conference live, fed chairman ben bernanke, on c-span 3. you can find that at 2:15 p.m. eastern time. you can find it on their website, we will be archiving that after the fact. what deductions would you give up? let's go to dawn in eugene, oregon. caller code good morning. listen, the contribution thing is a way to be of service, as far as i'm concerned. host: by contribution you mean charitable contribution? caller: yes. it is something that i would want to keep. i mean, not keep, but i would be willing to contribute to that concern about taxes. my main concern is the mortgage deduction. how severe -- many of us have every dollar that we account for on the federal. if we did not have that, we would be up to 25%. this would be quite a severe blow if this were done in a cut and dried fashion. maybe they can do a tiered thing? that is the th
looking at the domestic front, "ben bernanke is to make a last fiscal cliff police." "topping a yearlong campaign, he would get one last chance to talk washington down from the fiscal cliff. host: c-span will be carrying that press conference live, fed chairman ben bernanke, on c-span 3. you can find that at 2:15 p.m. eastern time. you can find it on their website, we will be archiving that after the fact. what deductions would you give up? let's go to dawn in eugene, oregon....
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Dec 10, 2012
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ben bernanke was saying the deficit could be cut too far and too fast at the same time. this has to be the time where we don't go into an austerity program. we are not quite there. if businesses are spending and consumers are spending and trade was helping, i would say that is the right time to be doing this. the deficit reduction has to be done in context. host: this is from "the wall street journal"last week -- guest: they are not spending because they are angry at washington but they don't have the demand for their goods and services. that is the way it is now. they don't have a great incentive to do anything. we're spending this money on the wrong things. the president proposed additional stimulus of measures including infrastructure. i'm not sure you can rely on the private sector to kick in that quickly. host: guest: on the issue of growth -- this is a fundamental issue. the only disagreement is how you get to it. my concern about the fiscal cliff is it will hurt book -- growth and we will get a recession you can never fix your debt problems and a recession. busine
ben bernanke was saying the deficit could be cut too far and too fast at the same time. this has to be the time where we don't go into an austerity program. we are not quite there. if businesses are spending and consumers are spending and trade was helping, i would say that is the right time to be doing this. the deficit reduction has to be done in context. host: this is from "the wall street journal"last week -- guest: they are not spending because they are angry at washington but...
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Dec 9, 2012
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ben bernanke was saying the deficit could be cut too far and too fast at the same time. this has to be the time where we don't go into an austerity program. we are not quite there. if businesses are spending and consumers are spending and trade was helping, i would say that is the right time to be doing this. the deficit reduction has to be done in context. host: this is from "the wall street journal"last week -- guest: they are not spending because they are angry at washington but they don't have the demand for their goods and services. that is the way it is now. have a great incentive to do anything. we're spending this money on the wrong things. the president proposed additional stimulus of measures including infrastructure. thenot sure you can rely on private sector to kick in that quickly. host: guest: on the issue of growth -- this is a fundamental issue. the only disagreement is how you get to it. my concern about the fiscal cliff is it will hurt book -- growth and we will get a recession you can never fix your debt problems and a recession. businesses and their i
ben bernanke was saying the deficit could be cut too far and too fast at the same time. this has to be the time where we don't go into an austerity program. we are not quite there. if businesses are spending and consumers are spending and trade was helping, i would say that is the right time to be doing this. the deficit reduction has to be done in context. host: this is from "the wall street journal"last week -- guest: they are not spending because they are angry at washington but...
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Dec 10, 2012
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that said, that awareness, that recognition that ben bernanke and former cea sheriff lazar -- cea chair lazear should not undermine that we face temporary or futures skills gaps but there is three reasons we should be focused on this. number one, even the unemployment today that is fundamentally about cyclical demand can easily become the next structural skills problem of the future. we know that one of the challenges we face right now in our economy is not just lowering unemployment, but lower and long-term unemployment, and that if we allow regions of our fellow citizens to stay unemployed for year or two years or longer, we know from study after study that they want more trouble establishing their skills going forward -- they will have more trouble is establishing a still going forward. there will be a crisis for us in the country, but we will also be sitting by and letting a new structural skills gap expand because we're not taking enough efforts right now to get people back to work and deal with long- term unemployment. secondly, there's clearly some immediate still a gap issues. y
that said, that awareness, that recognition that ben bernanke and former cea sheriff lazar -- cea chair lazear should not undermine that we face temporary or futures skills gaps but there is three reasons we should be focused on this. number one, even the unemployment today that is fundamentally about cyclical demand can easily become the next structural skills problem of the future. we know that one of the challenges we face right now in our economy is not just lowering unemployment, but lower...
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Dec 12, 2012
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wednesday, chairman ben bernanke told a news conference. an update on the federal open market committee meeting. coverage starts to clock 3:00 p.m. eastern also on c-span 2 3. -- c-span3. >> from the u.s. chamber of commerce, a look at the fiscal challenges facing the nation, including negotiations over the so-called fiscal cliff. former comptroller general and former congressional budget office director explain why they think raising taxes will not solve all the problems. this is just over an hour. >> i will make a fewtoday we are going to talk about three issues briefly. one is that fiscal cliff, to is the debt ceiling. three is the so-called big deal that has to be done on our debt and deficit. unfortunately those issues, convoluted, especially in this town. they are distinct. the impact each other but they are distinct. this fiscal cliff is an artificial state. congress came in, said this law expires on this date. they extended it wants. they put in the sequestration. it is a date. all they have to do is extend the date and allow themse
wednesday, chairman ben bernanke told a news conference. an update on the federal open market committee meeting. coverage starts to clock 3:00 p.m. eastern also on c-span 2 3. -- c-span3. >> from the u.s. chamber of commerce, a look at the fiscal challenges facing the nation, including negotiations over the so-called fiscal cliff. former comptroller general and former congressional budget office director explain why they think raising taxes will not solve all the problems. this is just...
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Dec 12, 2012
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also, federal reserve chairman ben bernanke holding news conference. and that it on the federal open market committee meeting. live coverage starts at 2:15 p.m. eastern also on c-span3. >> the white house was very controversial, as most things in america were. washington city, there was competition. he submitted the design for a palace. americans were not having a palace. it was not particularly of inspiring. in 1821, a european diplomat told congress it was the large, nor all conspiring -- nor awe inspiring. but the building circuits purpose. if a larger, perhaps some president would be inclined to become its permanent resident. but the kohlberg has gathered a few efforts davis white house photos -- >> vicky has gathered a few of her favorite white house photos. >> from the u.s. chamber of commerce, and look at the fiscal challenges facing the nation. including negotiations over the so-called fiscal cliff. former comptroller general david walker and former congressional budget office director rudy penner explained why they think raising taxes will not
also, federal reserve chairman ben bernanke holding news conference. and that it on the federal open market committee meeting. live coverage starts at 2:15 p.m. eastern also on c-span3. >> the white house was very controversial, as most things in america were. washington city, there was competition. he submitted the design for a palace. americans were not having a palace. it was not particularly of inspiring. in 1821, a european diplomat told congress it was the large, nor all conspiring...
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Dec 13, 2012
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. >> fed chairman ben bernanke announced yesterday that the fed would continue a low interest- rate policy and $40 billion per month in quantitative easing. he also noted the fed's decision to purchase longer-term treasuries. he made the announcement at a news conference following a meeting of the federal open market committee, and this is an hour and 15 minutes. >> good afternoon. 3 and 1/2 years since the economic recovery began. the economy continues to expand at a moderate pace. unfortunately, unemployment remains high. about 5 million people, more than 40% of the unemployed, have been without a job six months or more and millions more who say they would like full-time work have been able to find part-time employment or have stopped looking entirely. the conditions now prevailing in the job market represents an enormous waste of human and economic potential. a return to broadbased prosperity will require staged improvements in the job market, which in turn require stronger economic growth. meanwhile, apart from temper fluctuations largely reflected swings in and prices, inflation appea
. >> fed chairman ben bernanke announced yesterday that the fed would continue a low interest- rate policy and $40 billion per month in quantitative easing. he also noted the fed's decision to purchase longer-term treasuries. he made the announcement at a news conference following a meeting of the federal open market committee, and this is an hour and 15 minutes. >> good afternoon. 3 and 1/2 years since the economic recovery began. the economy continues to expand at a moderate pace....
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Dec 12, 2012
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federal reserve chairman ben bernanke admitted that the spending levels of this administration are unsustainable, just as president clinton declared years ago, the era of big government is over. this congress needs to man up and declare the era of taxing, spending and borrowing is over as well. now is the time for the president to provide leadership and level with the american people and set aside the campaign rhetoric of class warfare division and envy. small businesses cannot and should not be painted with the same broad brush as millionaires, billionaires and wall street executives. we must protect our small businesses and stop promoting the treatment of their income the same as the wealthy. at the same time, this administration needs to admit that raising taxes on small businesses will not help small businesses. we must prioritize our fiscal negotiations by putting spending reductions before addressing new receive news. mr. speaker -- revenues. mr. speaker, i came to washington to get something done. speaker boehner shows he understands the gravity of the situation and wants to find a soluti
federal reserve chairman ben bernanke admitted that the spending levels of this administration are unsustainable, just as president clinton declared years ago, the era of big government is over. this congress needs to man up and declare the era of taxing, spending and borrowing is over as well. now is the time for the president to provide leadership and level with the american people and set aside the campaign rhetoric of class warfare division and envy. small businesses cannot and should not...